I hope someone with some knowledge can help me out here.
I've had an IVA previously and this is now cleared but following the completion of this my company found 5k difference in expenses over a 6 year period that I'm not entitled to (relates to fuel). On working it out I agreed that it was overpaid.
Now I struck a deal to pay it back before the end of the financial year.
When paying it back does the payment come out of gross or net? The company is saying they'll take £1,750 out of gross which is £1000 net.
If they take it out of gross does the 5k become 3,250 or 4k?